For residents of Castle Rock, Parker, Highlands Ranch, and Westminster, Colorado, keeping their HVAC systems…
Furnace Repair or Replacement – Which Option is Better?
One aggravating thing about the winter is breaking down in the middle of it. It’s freezing outside, and you can’t heat your home. What makes it worse is if you’d just maintained your furnace all fall, it probably wouldn’t be broken.
So, during the fall, call an HVAC professional to maintain your furnace, so it’s ready to keep you warm this winter. But if they come back and say something’s wrong with it, how do you know whether or not to make the repairs or if it’s time for a new furnace? Here are some of the most common considerations to think about when you search for the best option.
Furnace Repair or Replacement: Which Option is Better?
1 – The age of your furnace
This is definitely a factor, as you don’t want a furnace that is only a few years old to need repair. So, if your furnace is over 15-years-old and has been maintained regularly, then considering repairing it might be the best option. Consider where you live, who is going to make the repair, and what the cost of those repairs will be.
2 – The cost of furnace repair
With the prices of the parts to repair a furnace on the steep side, you need to consider the cost of repair. If the cost of the repair exceeds half the cost of a new furnace, then you might want to consider installing a new furnace. If you aren’t comfortable making the repair yourself, then you need to find someone who is and who has the right parts for your furnace.
3 – Your current financial situation
If you’re stressed about your current financial situation and you can’t afford a new furnace, then don’t make the repair. Instead, you can just replace it because you can’t afford to repair it. If the repair costs more than half the price of a new furnace, then letting it go is something you need to consider. If it’s going to cost you more to fix it than the cost of a new furnace, then you definitely should be looking into a replacement.
4 – The performance of your furnace
If your furnace is underperforming, it might be due to a clogged chimney. If that’s the case, you won’t want to make the repair; rather, you will want to replace it. On the other hand, if you’ve maintained your furnace properly and it is simply old, then the repair might be worth it.
Conclusion on Furnace Repair or Replacement
In the end, the best option for you will depend on where you live, how old your furnace is, how much you have to spend, and how much you have to save to be financially stable. Your final decision should be based on the factors above as they best fit your needs, and you’ll be happy with your decision.
Don’t hesitate to contact us if you have any more questions about furnace repair and services. CG Heating and Cooling are here to help you! With over 20 years in business, we have the experience to handle all your heating and cooling needs.